IZEA Inc. (IZEA)

[prokopton]

The fully diluted shares are

11.6 + 5.1 + 2.8 = 19.5 million. $5.8 market cap at @0.30 pps.

11.6m (from the Incentive Plan) should be fully recognized since it's rare any employee would turn down stock grants.

The authorized shares increased from 12.5 to 100 million. This looks like room for a lot of dilution in the future.

IMO, still a good buy at $5.8 market cap. considering revenue growth.